Harvest S&P Oil & Gas Exploration & Production Select Industry ETF(QDII)

ConocoPhillips: Iran Conflict Disrupts LNG Supply, Qatar Joint Venture Delay Limited to Months

FactSet Survey: 26 Analysts Raise ConocoPhillips 2026 EPS Median Estimate to $9.43

Glenfarne and ConocoPhillips Sign Precedent Agreement for North Slope Gas Sales in Alaska LNG Project

Jefferies and others reaffirm or initiate Buy ratings on Devon Energy with $63 target price

Exxon Mobil Options Surge on May 15, Call Ratio Hits 77%

Devon Energy Exec Adam M. Vela Sells 24,342 Shares at $47.21 Per Share

ExxonMobil dismisses ISS objections to Texas relocation as irrelevant and questions independence

FactSet Survey Shows Analysts Raise DVN 2026 EPS Median Estimate to $5.44

White House Considers Pausing Federal Gas Tax Amid Rising Oil Prices

Innovation Energy Holdings to Acquire Chevron's Singapore SRC Refinery Shares and Other Regional Assets for $2.17B

US Upstream Oil and Gas M&A Reaches New High, Mitsubishi Acquires Aethon Energy for $7.6B

Devon Energy's EVP Jeffrey Ritenour Sells Company Stocks

ExxonMobil Reports Atmospheric Pollution Leak at Beaumont Refinery in Texas

ADL and JLens urge Chevron shareholders to oppose Proposal 6

QatarEnergy and Others Sign MOU with Syria to Assess Potential of Block 3

ISS advises ExxonMobil shareholders to oppose the company's relocation proposal

Bernstein Downgrades ExxonMobil's Target Price to $182

Syria Picks Offshore Site for Chevron and Qatari UCC Holding's First Deepwater Exploration Project

Gateway Investment 大幅减持西方石油公司股份

.IXIC

CRAK

The Nasdaq fell nearly 0.9% as rising bond yields impacted tech stocks, with the 10-year U.S. Treasury yield reaching 4.68%, the highest since 2025. Oil prices remained above $110 due to geopolitical tensions, raising concerns about prolonged inflation.

- The Nasdaq dropped nearly 0.9% due to rising bond yields impacting high-growth tech and semiconductor stocks.  
- The 10-year U.S. Treasury yield reached 4.68%, the highest since 2025, while the 30-year yield hit levels last seen in 2007.  
- Oil prices remained above $110 amid Middle East tensions and the Iran war blockade, contributing to concerns over prolonged inflation.

Occidental Petroleum

NASDAQ Composite Index

VanEck Oil Refiners ETF

Invesco Nasdaq 100 ETF

VanEck Semiconductor ETF

ISHRS S&P Glb Engy

ProShares Shrt QQQ

United States Oil Fund LP

Proshares UltraPro Short QQQ ETF

SPDR Energy Select

Schw Us L-Cp Grw

Us Brent Oil

Pro Ultrshort Qqq

Fidelity Nasdaq Composite Index ETF

iShares Core S&P US Growth

iShares US Oil Equip & Svcs

Pro Ultr Bloomberg Crude Oil

Direxion Semicon Bull 3X

VG Energy

iShares US Oil & Gas Expl & Prod

SPDR O&G Ex & Prd

ISHRS Russ 1000 Growth

Invesco QQQ Trust

iShares Semiconductor ETF

SPDR O&G Equip

First Trust NASDAQ-100 Equal Weighted

VG Growth

VanEck Oil Services ETF

SPDR S&P Software

Proshares UltraPro QQQ

ProShares Ultra QQQ

VG Mga Cap 300 Grw

iShares Expanded Tech Software Sector ETF

NASDAQ slides as surging yields and oil prices stoke inflation fears

As Memorial Day approaches, U.S. gasoline prices are at a national average of $4.53 per gallon, with potential increases due to unresolved tensions in the Strait of Hormuz. Analysts warn of a looming crude oil shortage if maritime traffic does not resume soon. AAA forecasts 39.1 million Americans will travel by car, raising gas demand during the holiday weekend, which could push prices closer to the $5 demand-destruction threshold.

ZeroHedge

JPMorgan Chase

ROYAL BANK OF CANADA

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

Memorial Day Gas Demand Surge Collides With Hormuz Shock As $5 Demand-Destruction Line Nears

CITI SAYS OIL UNDERPRICED ON TAIL RISKS *CITI EXPECTS BRENT TO HIT $120 NEAR TERM *CITI FORECASTS 2027 OIL AT $80–90 BASE CASE *CITI SEES BRENT BULL CASE AT $150

Unusual Whales

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

CITI SAYS OIL UNDERPRICED ON TAIL RISKS *CITI EXPECTS BRENT TO HIT $120 NEAR TERM *CITI FORECASTS 2027 OIL AT $80–90 BASE CASE *CITI SEES BRENT BULL CASE AT $150

Front Month ICE Brent Crude for July delivery fell 0.73% to $111.28, marking the largest decline since May 13, 2026. This drop ends a three-session winning streak and is 5.97% off its 52-week high of $118.35. Year-to-date, prices are up 82.88%, reflecting a $50.43 increase.

MorningStar

Front Month ICE Brent Crude Fell 0.73% to Settle at $111.28 — Data Talk

The US Strategic Petroleum Reserve has reached its lowest level since 2024, with a record draw of 9.9 million barrels last week. The closure of the Strait of Hormuz has disrupted 14 million barrels per day, leading to multi-year low global inventories. Analysts warn that critical fuel inventories may hit operational limits by July, risking a full-blown shortage.

Pro Ultrshrt Crude Oil

US strategic oil reserve hits lowest level since 2024 amid record draw

Oil prices fell on Tuesday following Vice President JD Vance's statement about progress in U.S.-Iran talks, indicating both sides prefer to avoid military action. Vance expressed optimism, stating, 'We think the Iranians want to make a deal.'

Oil prices settle down after Vance cites progress in Iran talks

Cotton futures experienced losses ranging from 69 to 136 points on Tuesday. The US dollar index rose to $99.215, while crude oil fell to $103.81. As of May 17, 41% of the US cotton crop was planted, slightly ahead of the 5-year average. The Cotlook A Index decreased by 325 points to 90.65 cents. ICE certified cotton stocks increased by 10,053 bales, totaling 203,491 bales. The Adjusted World Price rose to 71.87 cents/lb.

nasdaq

Invesco DB US Dollar Index Bullish Fund

Wtree Bbg Usd Bull

Intercontinental Exchange

Nasdaq

Cotton Fading Lower on Tuesday

CITI SAYS THAT FOR A RERUN OF 1970S OIL SHOCK STRAIT OF HORMUZ MAY NEED TO REMAIN CLOSED EARLY 2027

Invesco DB Multi Sector Comm TR Oil Fd ETF

CITI SAYS THAT FOR A RERUN OF 1970S OIL SHOCK STRAIT OF HORMUZ MAY NEED TO REMAIN CLOSED EARLY 2027

Nigeria is urged to seek new export markets for its crude oil following the UAE's exit from OPEC, which disrupts the cartel's balance. Wole Ogunsanya, chairman of PETAN, emphasized the need for Nigeria's NNPC and other producers to market their high-quality crude. The UAE's departure, effective May 1, aims to pursue its national interests and could affect OPEC's ability to manage oil prices. Nigeria has faced challenges in meeting its production quota but is working to increase output by 2030.

Nigeria Needs New Export Markets As UAE's Exit Rattles OPEC

Citigroup has indicated that predicting the oil outlook for 2027 is highly uncertain, with a median expectation of prices ranging from $80 to $90 per barrel. This reflects the volatility in the global oil market due to various economic and geopolitical influences.

CoinLive

Citigroup: 2027 Oil Outlook Challenging to Predict, Median Expectation at $80-$90 per Barrel

Harvest S&P Oil & Gas Exploration & Production Select Industry ETF(QDII)(159518.SZ)

NASDAQ slides as surging yields and oil prices stoke inflation fears

Memorial Day Gas Demand Surge Collides With Hormuz Shock As $5 Demand-Destruction Line Nears

CITI SAYS OIL UNDERPRICED ON TAIL RISKS CITI EXPECTS BRENT TO HIT $120 NEAR TERM CITI FORECASTS 2027 OIL AT $80–90 BASE CASE *CITI SEES BRENT BULL CASE AT $150

Front Month ICE Brent Crude Fell 0.73% to Settle at $111.28 — Data Talk

US strategic oil reserve hits lowest level since 2024 amid record draw